SoftBank Acquires 11% Stake in OpenAI Following $41 Billion Investment
The Japanese conglomerate SoftBank Group has completed a $41 billion investment in the AI startup OpenAI, reports CNBC. This marks one of the largest private funding rounds in history. The firm’s stake in the creator of ChatGPT now stands at 11%. The investment in OpenAI is part of SoftBank CEO Masayoshi Son’s strategy to position […]
